Alert: Rating Downgrade (5/20/24)-CrossAmerica Partners LP (NYSE: CAPL).

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Stock Rating Downgrade

In the last week the Value Trend Rating for CrossAmerica Partners LP (NYSE: CAPL) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

On 5/20/24, CrossAmerica Partners LP (NYSE: CAPL) stock declined slightly by -0.05%, closing at $19.91. Moreover, this decline was accompanied by unusually high trading volume at 182% of normal. The stock has performed in line with the market over the last nine months and has declined -1.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, CAPL is expected to continue to be a major Value Builder.

CrossAmerica Partners has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. CrossAmerica Partners has a good Appreciation Score of 74 but a neutral Power Rating of 43, resulting in the High Neutral Value Trend Rating.

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